In 1978, a kg of paper was sold at Rs25/-. If the paper rate increases at 1.5% more than the inflation rate which is 6.5% a year, then what will be the cost of a kg of paper after 2 years?A. 29.12B. 29.72C. 30.12D. 32.65E. none of these

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subbu

  • Dec 27th, 2005
 

Ans:E

IN FIRST YEAR :25 IS INCREASED BY 6.5+1.5,i.e.8%.

in 2nd year,the first year value is increased by 8%.therefore

108/100*108/100*25=29.16

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